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Earnings Call Transcript

EIH Earnings Call Transcript: Key Takeaways

EIH Ltd reported 15% revenue growth in Q1FY27, driven by strong domestic demand and flight catering. Strategy focuses on premium positioning and a 30-property expansion pipeline by 2031.

Highlights
Revenue growth15% YoY
MarginsEBITDA margin impacted by new property ramp-up and renovation write-offs.
Order bookBusiness on books for Q2 is very positive.
Demand visibilityStrong domestic demand; international recovery expected in Q3/Q4.
Management confidenceHigh

Growth

Revenue grew 15% to ₹698cr; EBITDA reached ₹207cr. PAT stood at ₹120cr, showing strong YoY growth.

Outlook

Pipeline of 30 new hotels by 2031. Capex of ₹148cr spent this quarter. Expecting recovery in international tourism.

Risks

West Asia crisis impacted foreign arrivals; higher marketing, IT costs, and renovations weighed on EBITDA margins.

Last quarter's promises, checked

Delivered

  • Targeted Oberoi Grand partial opening Sept 2026 → delivered on track (= BEAT)
  • Projected FY27 capex range ₹600-700cr → delivered ₹148cr in Q1 (= BEAT)
  • Guided for RevPAR leadership via ARR focus → delivered 12.8% RevPAR growth (= BEAT)

Partly delivered

  • Guided for international tourism recovery → delivered partial offset by domestic demand (= PARTIAL)

Missed

  • Projected quick ramp-up for Oberoi Grand → delivered construction halt/delay (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: EIHOTEL. Summary written with AI assistance from the document.

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EIH Ltd: key numbers

Share price
₹294.70
Market cap
₹18,429 Cr
Revenue (annual)
₹2,940 Cr
Net profit (annual)
₹628.3 Cr
P/E (TTM)
25.9×Sector 43.7×
Promoter holding
32.85%+0.00% QoQ
FII holding
6.65%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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